It has been an eventful year so far, at least in the world of IPOs, with several high-quality public offers. The highest return from a recently listed company has been delivered by Quadrant Future Tek, which has showered investors with a 156.4 per cent return in intraday trade so far.

Here is a list of five such IPOs that have delivered phenomenal returns so far this year. Another aspect that makes these IPOs special is that Zee Business Managing Editor Anil Singhvi recommended subscribing to these IPOs either for the long term or for listing gains.

Belrise Industries

Belrise Industries hit an all-time high of Rs 111.3 on June 30, translating to a 23.7 per cent premium over the issue price. On Monday, the stock’s gain stood at 16.5 per cent from the price band. Singhvi recommended the Belrise Industries IPO for both listing gains and long-term investment, with a stop loss at the issue price of Rs 90.

Hexaware Technologies 

As of June 16, Hexaware Technologies hit an all-time high of Rs 892.2 apiece on July 3, marking a premium of 26 per cent over the issue price. The market guru had advised applying with a long-term horizon.

Standard Glass Lining Technology

Standard Glass Lining Technology's public offer--the first IPO launch of the year--was followed by a significant rise in the secondary market. The stock has since commanded a premium of 52.71 per cent at its all-time high of Rs 213.80 on January 16, 2025. Singhvi advised subscribing to this IPO for listing gains and for short-term investment.

Quality Power Electrical Equipment

Entering the listed space on February 24, Quality Power Electrical Equipment has rewarded investors with as much as a 76.23 per cent return at its all-time high of Rs 749 on July 3, 2025.

Singhvi recommended risk-taking investors with a long-term perspective to subscribe to this IPO.

As of July 3, there were 75 mainboard and SME IPOs for the year. Out of these, 51 showed gains when compared to their issue price, while the others led to losses.